Find financial news and analysis across NZ and Australia.
5 results for “gentrack”
Gentrack Group Limited has acquired New Zealand SaaS provider Factor for NZ$24 million to integrate machine learning-driven energy pricing into its global platform. The deal, funded by cash reserves, is expected to be EPS accretive by FY28.
The NZX 50 index climbed 0.9% to 13271 points on Thursday, led by an 11% surge in Gentrack and a 3% gain for Infratil. While technology and infrastructure stocks thrived on AI optimism, consumer-facing companies like SkyCity and Tourism Holdings saw declines.
The NZX50 index climbed 1.2% on Tuesday, recovering from recent losses. Significant gains in Gentrack and Fisher & Paykel Healthcare helped offset broader market declines seen earlier in the week.
The NZX50 index fell 0.6% on Friday to close out a difficult week, with the headline index down 1.8% over five days. While Fisher & Paykel Healthcare saw significant losses, Gentrack and Property for Industry recorded gains in a session marked by selective buying.
The NZX 50 index closed at 13,175 points on Friday, May 8, 2026, marking a daily decline of 0.72%. Despite the fall, the market secured a 1.7% weekly gain and remains up 4.52% over the past year.